Question

there are four stages in an economic recovery.

1. increased production
2. rising demand (occurs twice)
3. increased hiring

in which order do these stages occur?
o 2, 1, 2, 3
o 3, 2, 1, 2
o 2, 3, 1, 2
o 2, 1, 3, 2

Explanation:

In economic recovery, initially demand rises (first 2). This prompts producers to increase production (1). As production increases, more labor is needed, so hiring increases (3). Then, further economic growth causes demand to rise again (second 2).

Answer:

A. 2, 1, 2, 3